Hollywood (C20) Homes with Triplex Subtype

Hollywood (C20) Homes with Triplex Subtype

Welcome to Hollywood, a vibrant neighborhood in the heart of Los Angeles that is as iconic as it is diverse. Known for its rich history in film and entertainment, this bustling community offers a unique blend of cultural experiences, stunning architecture, and an energetic lifestyle that attracts residents from all walks of life. Nestled within the sprawling landscape of Los Angeles County, Hollywood is home to legendary landmarks like the Hollywood Walk of Fame, the historic TCL Chinese Theatre, and the breathtaking Griffith Observatory, all of which contribute to its allure.

For those seeking an investment opportunity or a multi-family living arrangement, Hollywood's triplex homes present a remarkable option. These properties typically feature three separate living units, making them ideal for homeowners looking to offset their mortgage with rental income or for investors wanting to tap into the thriving rental market. With the area's continued growth and popularity, owning a triplex in Hollywood not only offers a unique living experience but also the potential for significant returns.

Imagine enjoying the vibrant lifestyle of Hollywood while residing in a beautifully designed triplex that reflects the area's artistic spirit. Many of these homes boast stunning views of the Hollywood Hills, modern amenities, and easy access to public transportation, shopping, and dining. Whether you're drawn to the charm of vintage architecture or the sleek lines of contemporary design, Hollywood's triplexes cater to a variety of tastes and preferences.

Dive into the dynamic real estate market of Hollywood and discover the endless possibilities that await in this iconic neighborhood!

Newest Hollywood (C20) Homes with Triplex Subtype

$1,350,000
6 Beds 3 Baths DW26169507 MLS Active Status
Exceptional North Hollywood Income Property with ADU & Prime Development Potential! Discover an outstanding investment opportunity at 5334 Cleon Ave in the heart of North Hollywood. This versatile income property features two remodeled 2-bedroom, 1-bath units plus a newly added 2-bedroom, 1-bath ADU, creating three separate living spaces with excellent income-producing potential. Situated on a 6,038-square-foot LAR3-zoned lot, the property offers an exceptional combination of strong cash flow, owner-user flexibility, and long-term development upside. The remodeled front units provide comfortable, modern living, while the spacious 2-bedroom, 1-bath ADU adds valuable rental income or flexible space for extended family, guests, or a home office. Whether you're looking to maximize rental returns, occupy one unit while renting the others, or explore future development opportunities (buyer to verify with the City of Los Angeles), this property offers outstanding versatility. Ideally located just minutes from the NoHo Arts District, major studios, shopping, dining, entertainment, Metro access, and convenient freeway connections, this is a rare opportunity to own a high-demand property in one of the San Fernando Valley's most sought-after neighborhoods. Property Highlights: Two remodeled 2-bedroom, 1-bath units Newly added 2-bedroom, 1-bath ADU LAR3 zoning with future development potential (buyer to verify) Excellent cash-flow opportunity for investors Ideal owner-user property with multiple income streams Potential rental $7,800 (buyer to verify) Prime North Hollywood location near the NoHo Arts District, studios, restaurants, shopping, and public transportation A rare opportunity to own a turnkey multi-unit property with three income-producing residences in one of Los Angeles' fastest-growing rental markets.

5334 Cleon Avenue, North Hollywood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.